This way they can take advantage of programs they have access to but have little knowledge of (for the largest purchase of their life). 

I'm sure there are other meetups in Dallas, but I'm familiar with the REIA program that has chapters in most big cities.

Same for 2-years of job/income stability.Tenant Default: 10-20% probability of eviction or early lease termination.Section 8: Class C rents usually meet program requirements, proper screening still recommended.Vacancies: 10-20%, depending on market conditions and tenant screening.Cashflow vs Appreciation: Should cashflow immediately, at the lower end of relative rent & value appreciation.Class D Properties:Tenant Pool: Majority of FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, but should have no convictions/evictions in last 12 months.

You can find out what association the inspector is affiliated with or complain to the state licensing department.

Did you signed up for the program?

These things should NEVER be considered in an educational program much less a program that has self serving owners with over-hyped experience and credentials.Students have been squeezed out of deals that their coaches are involved with.

What program are you using to screen?

Nate barger and Jiries Dawaher have a great program for wholesaling as well!

I'll see if they have a program for this deal and I'll follow up with you. 

You can go as low as 10% down and there are programs that allows this for first timers with good credit.3.